Market Synopsis:

Market Research Future (MRFR)’s latest analysis reveals that the global visual positioning system market is expected USD 13.32 Billion while progressing at a 10.87% CAGR by 2023. The developments in the optical sensor technology have led to the penetration of major industry verticals such as automotive, BFSI, etc. This, in conjunction with growing industrial applications, is projected to catalyze the growth of the market over the next couple of years.

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Vision Positioning System Market Segmentation

The Vision Positioning System Market Research has been segmented on the basis of t component, solution, location, platform, type, end-user and region. Looking through the end-user segment it has been observed that defense industry has shown a tremendous usage of Vision Positioning System market and holds the largest market share. The study indicates that the other sectors like government and defense sector is using optical sensors system and showing second largest position in this market.

Key Players:

The prominent players in the Vision Positioning System Market are – DJI (China), Omron Corporation (Japan), Cognex Corporation (U.S.), Sick AG (Germany), ABB (Switzerland), Parrot SA (France), Pepperl+Fuchs GmbH (Europe), Senion AB (Europe), Seegrid Corporation (U.S) among others

Market Research Analysis:

On geographic basis, Vision Positioning System market is studied in different regions as North Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading in the Vision Positioning System market and is expected to grow with a high rate as well as hold the largest market share in the Vision Positioning System market, there has been a major focus into the commercials based low cost applications. Vision Positioning System market has the largest market size in the government and defense sector as well due to safety and security purposes. The study shows that Europe region is also showing a positive curve in growth graph in the Vision Positioning System market. The technological advancements in Vision Positioning system is widely used in aircraft and flight.  The developing economies in Asia-pacific regions like China, Japan, India and others are showing high adoption in the Vision Positioning System market.

Industry/ Innovation/ Related News

April 09, 2018 – Dà-Jiāng Innovations (DJI – China) a leading global technology company launched new filmmaking tools including DJI Master Wheels and DJI Force Pro that offer Professional Gimbal Control Solutions for filmmakers. Introduced at NAB 2018, these tools are built to deliver precise gimbal movements offering to the filmmakers with reliable tools that help capture complex shots with ease while adding a cinematic quality to any scene. Master Wheels consists of the latest sensor positioning technology, dual-band low-latency, and wireless transmission technology that ensures a stable and reliable connection.

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Intended Audience

  • System Security
  • Software investors
  • Defense and Government
  • Police Departments
  • BFSI
  • Private Companies
  • Component Suppliers
  • Investors and Venture Capitalist
  • Police Departments
  • Vision Positioning System Service Provider
  • Vision Positioning System Agencies
  • Technology Integrators
  • Research/Consultancy firms

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